SOLD: 25.32% return on investment in 732 days
Spring Hollow, Lake Lure, NC 28746
Property ID
LQ Investments North Carolina
Acres in the field
3.05
Property type
Rural residential
Property details
- City: Lake Lure
- County: Rutherford
- State: North Carolina
- Current zoning: Residential
- Plot size (in acres): 3.05
- Power: On the road
- Water: Well to be installed
- Sewer or septic tank: Septic tank to be installed
Transaction details
| Total capitalization | $16,346 |
| Estimated selling price (net) | $20,000 |
| Expected time for completion of transaction | 750 days |
| Percentage of partner funding required | 100% |
| Distribution of profits among partners | 50%/50% |
| Anticipated profit on transaction (after closing costs) | $3,700 |
| Benefits expected by the investor | $1,850 |
| Investor's expected return on investment | 11.31% |
Summary of investment (SOLD)
| Total purchase price of transaction (including closing costs) | $900,000 |
| Estimated net selling price | $1,090,256 |
| Estimated transaction duration (from collection to disbursement for the financial partner) | 365 days |
| Acquisition from a title company or a notary? | Title |
| Sale of a title company or a notary? | Title |
| Percentage of partner funding required | 100% |
| Distribution of profits between partners (8% for investors + 90/10 for investors and the company after the remaining 8%) | 90%/10% |
| Estimated total net income | $190,256 |
| Estimated investor profits | $157,532 |
| LandQuire Estimated profits | $17,504 |
| Estimated return on investment | 19.19% |
Features
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Electricity on the road
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Dish
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Growing demand
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Access to the law
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No HOA
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Physical access
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